Economic Definition of supply by a firm. Defined.
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Term supply by a firm Definition: The range of quantities of a factor that a firm is willing and able to sell at a range of factor prices. Supply by a firm is a phrase that's most relevant to the study of factor markets, especially when contrasted with supply to a firm. Supply by a firm puts the firm on the selling side of the factor market. Supply to a firm puts the firm on the buying side of the factor market.